Real estate figure - Study guides, Class notes & Summaries

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Principles of USPAP Mckissock Questions and Answers Graded A Which independent board was created within The Appraisal Foundation in 2010? The Appraisal Practices Board (ADB) Which statement is TRUE regarding The Appraisal Foundation and USPAP enforcement authority? The Appraisal Foundation does not have the authority to enforce the requirements of USPAP Currently, the boards within the Appraisal Foundation include: Board of Trustees, Appraisal Practices Board, Appraiser Qualifications Board, A...

(Answered) PSI Real Estate Exam - Valuation and Market Analysis Amenity A tangible or intangible feature that enhances and adds value to real estate. Arm's Length Transaction A transaction that occurred under typical conditions in the marketplace where each of the parties were acting in their own best interests. Assemblage The combining of two or more parcels of land into one larger parcel. Balance A condition that exists in the real estate market when there are slightly more homes available...

Within how many days after property transfer shall a buyer submit a completed transfer form and file with ADEQ - correct answer 15 days An example of involuntary alienation is where title to real estate passes by: - correct answer Sheriff's deed What event will create an involuntary life estate? - correct answer Dower interest becoming cohate A valid warranty deed must contain all of the following elements, except: - correct answer Signed by grantee The clause in a deed which sets f...

NYREI practice exam questionsFor the income approach to appraisal, value is a reference to what? - correct answer the worth of the investment Which method of property description is most frequently used in New York State? - correct answer Metes and bounds One important characteristic of investing caused Bill to invest in certificates of deposit rather than real estate. Bill was concerned with - correct answer liquidity. Who sets the legal description? - correct answer surveyor Dw...

Test Bank For Entrepreneurship: The Practice and Mindset 1st Edition by Heidi M. Neck Christopher P. Neck ,Emma L. Murray Chapter 1: Entrepreneurship: A Global Social MovementTest Bank Multiple Choice 1. The authors define entrepreneurship as . a. a discipline that seeks to understand how opportunities are discovered, created, and exploited, by whom, and with what consequences b. starting a small business by finding investors and launching a product c. developing a new market by crea...

Exam For Texas Real Estate Principles 1 Questions and Answers 2024 There are seven sources of law in the United States, What would be an example of them? Local zoning laws, FHA/VA regulations, court decisions Laws passed by Congress and various other various state legislatures may Authorize agencies to pass rules and regulations to enforce the provisions of law The legal concept of precedent Grew out of common law Constitutional provisions Establish the rights of citizens and delineate...

NYREI practice exam questions and answers For the income approach to appraisal, value is a reference to what? - CORRECT ️️ the worth of the investment Which method of property description is most frequently used in New York State? - CORRECT ️️ Metes and bounds One important characteristic of investing caused Bill to invest in certificates of deposit rather than real estate. Bill was concerned with - CORRECT ️️ liquidity. Who sets the legal description? - CORRECT ️️ surveyo...

NYREI practice exam questions and answers For the income approach to appraisal, value is a reference to what? - CORRECT ️️ the worth of the investment Which method of property description is most frequently used in New York State? - CORRECT ️️ Metes and bounds One important characteristic of investing caused Bill to invest in certificates of deposit rather than real estate. Bill was concerned with - CORRECT ️️ liquidity. Who sets the legal description? - CORRECT ️️ surveyo...

COLORADO CONTRACTS EXAM REVIEW QUESTIONS AND ANSWERS, 100% ACCURATE, GRADED A+/ VERIFIED. Who would NOT have an obligation to inform the seller of buyer's financial inability to perform the contract? Lender If a licensee has knowledge that the buyer may not have financial ability to purchase a home, who licensees must notify the seller of this fact? Buyer, Transaction Broker, Seller's Agent A transaction-broker working with both seller and buyer in the same transaction must advise e...